News Analysis

Carbon tax plan allows emitters time to act

Experts say that the initial carbon tax quantum of $5 per tonne of emissions is a sensible one that gives large emitters time to make the transition before a future increase. ST PHOTO: KUA CHEE SIONG
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SINGAPORE - Singapore's carbon tax plan, with its low initial rate and hike in the longer term, is one that makes sense, say experts.

Access to renewable energy options such as wind or tidal power here - an important factor that must be considered when putting a price on carbon - is limited.

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